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New Economy Index for the Czech Republic

Author

Listed:
  • Jindřích Soukup
  • Dagmar Hejduková

Abstract

The first part of the paper formulates the definition of the knowledge and the new economies and two systems of quantitative characteristics for the new economy - the American and the European ones. The knowledge economy can be regarded as a general characteristic of the current and important positive supply side shock. Its core is a fast development of the ICT. The new economy can be regarded as a concrete and a relatively persistent period of the economic growth. The main reasons of this growth are positive effects of the knowledge economy. The second part of the paper analyses the state and the development of the new economy in the Czech Republic in comparison with the state of the new economy in two member states of the USA -Georgia and in Michigan. The Czech Republic, Georgia and Michigan are namely similar by the number of the inhabitants.

Suggested Citation

  • Jindřích Soukup & Dagmar Hejduková, 2008. "New Economy Index for the Czech Republic," Ekonomika a Management, Prague University of Economics and Business, vol. 2008(3).
  • Handle: RePEc:prg:jnleam:v:2008:y:2008:i:3:id:37
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    Citations

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    Cited by:

    1. Markéta Adamová, 2022. "The Influence of Corporate Culture on the Development of Employee Training System in Enterprises of the New Economy," Economics Working Papers 2022-02, University of South Bohemia in Ceske Budejovice, Faculty of Economics.

    More about this item

    Keywords

    nová ekonomika; New economy; znalostní ekonomika; knowledge economy;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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